Hussain AlQemzi, Group Chief Executive Officer of Noor Investment Group and Noor Islamic Bank has been named CEO of the Year– Best Islamic Bank at this year's CEO Middle East Awards in Dubai, United Arab Emirates.

The award has been given in recognition of AlQemzi's role in the development and growth of the country's Islamic Banking and Finance industry, and his ability to sustain the corporate agenda of Noor Islamic Bank, despite the tough financial challenges posed by the global financial crisis. The panel of judges also praised AlQemzi's focus on solid corporate governance policies, sound risk management and internal control strategies.

Since the launch of the Noor brand in early 2007, AlQemzi, a veteran of the UAE's Islamic finance sector, has undertaken a number of internal and external initiatives to help shape local and regional industry perspectives and relations.

Commenting on the occasion, Mr. AlQemzi said, "It is an honour to receive this award from CEO Middle East. The award also reflects the skills and expertise of Noor's employees, and our continued strength in the contemporary Islamic banking arena."

A seasoned banker with over 26 years of extensive experience, Mr. AlQemzi worked with the leading financial institutions and centres in the UAE. He was formerly the Chief Executive of Sharjah Islamic Bank and a Board member of Dubai Financial Market (DFM), and Dubai International Financial Exchange (DIFX), currently known as NASDAQ Dubai.

Mr. AlQemzi also served as Chief Operating Officer of the Dubai International Financial Centre, and is credited with laying the ground for a World Class Financial Centre.

The Awards gala took place this past Monday at the Armani Hotel in Burj Khalifa, Dubai, and was attended by a number of officials and banking dignitaries.

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About Noor Islamic Bank

Established in 2007 in Dubai, a full service bank, Noor Islamic Bank delivers the broadest range of products for its customers, with an emphasis on unique and personalized services. Noor Islamic Bank's products and services are governed by a Sharia'a Board, comprising leading Islamic scholars with extensive experience and expertise in legal, financial and banking-related matters. Noor Islamic Bank has locations across the UAE in the Emirates of Abu Dhabi, Dubai, Sharjah. For further details, please visit: www.noorbank.com or call 800NOOR(6667).

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